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Home Questions FYFET5TZSM
Target Exam

CUET

Subject

Accountancy

Chapter

Dissolution of Partnership Firm

Question:

A partnership firm can be voluntarily dissolved by the partners:

Options:

On Majority basis

On 3/4 Member"s decision

On 1/2 Member"s decision

None of these

Correct Answer:

None of these

Explanation:

When all the partners agree for the same, the firm can be dissolved.
Dissolution by Agreement: A firm is dissolved : (a) with the consent of all the partners or (b) in accordance with a contract between the partners.

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